Innovation system

Imagine you are building a big tower using blocks. The blocks are your ideas and you need to put them together in a certain way to make the tower taller and stronger. This is called an innovation system.

An innovation system is a way of organizing ideas and resources to make new and better products, services, or processes. It involves a lot of different people, such as scientists, engineers, entrepreneurs, and investors working together to create something new.

Just like building a tower, innovating involves a lot of trial and error. You try different combinations of blocks until you find the one that works best. Similarly, innovators try different ideas and methods until they find the one that works best for their needs.

The innovation system is like a big network that includes a lot of different parts. For example, it may include research institutions, businesses, government agencies, investors, and customers. Each part of the network adds something to the process of innovation.

To make the innovation system work, people need to share information and collaborate with each other. They also need to be willing to take risks and try out new ideas. This is how we can create new technologies and products that can change the world for the better.

So, just like building a tower with blocks, the innovation system involves trying new things and working together to make something great.